Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 3.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.5%, FCF Yield is 7.0%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -35%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 44%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 39%

Low stock price volatility
Vol 12M is 26%

Capital ratio is >2x the minimum of 6%
Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 15%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Wealth Management Technology.

Weak multi-year price returns
2Y Excs Rtn is -31%, 3Y Excs Rtn is -35%

Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 10.79

Key risks
LKFN key risks include [1] its geographic market concentration in Northern and Central Indiana and [2] significant portfolio exposure to commercial, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 3.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.5%, FCF Yield is 7.0%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -35%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 44%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 39%
3 Low stock price volatility
Vol 12M is 26%
4 Capital ratio is >2x the minimum of 6%
Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 15%
5 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Wealth Management Technology.
6 Weak multi-year price returns
2Y Excs Rtn is -31%, 3Y Excs Rtn is -35%
7 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 10.79
8 Key risks
LKFN key risks include [1] its geographic market concentration in Northern and Central Indiana and [2] significant portfolio exposure to commercial, Show more.

LKFN in ETFs

Weight = LKFN's share of each fund

VTI0.00%
ITOT0.00%
IWM0.05%
IJR0.08%
SCHD0.04%
VIG0.01%
KRE0.33%
VIOV0.09%
+15 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/8/2026

Lakeland Financial (LKFN) stock has gained about 5% since 3/31/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Earnings Beat and Growth. Lakeland Financial reported record fiscal Q1 2026 net income of $26.5 million, a 32% increase compared to fiscal Q1 2025, with diluted earnings per share (EPS) rising 33% year-over-year to $1.04. This EPS of $1.04 exceeded analyst estimates of $1.03. Key drivers included a 5% growth in loans and a 9% increase in revenue compared to the prior year's first quarter. The company also saw a 15% quarter-over-quarter increase in pre-provision net revenue (PPNR) to $37.0 million, surpassing estimates due to reduced expenses and improved spread and fee income.

2. Expanding Net Interest Margin. Lakeland Financial's net interest margin continued its upward trend, marking a consistent rise for the third consecutive quarter by increasing 2 basis points to 3.42% in fiscal Q1 2026. This expansion was supported by asset rotation and fixed loan repricing, signaling potential for further modest growth and contributing positively to the company's profitability outlook.

Show more
Updated on 7/8/2026

Lakeland Financial (LKFN) stock has gained about 5% since 3/31/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Earnings Beat and Growth. Lakeland Financial reported record fiscal Q1 2026 net income of $26.5 million, a 32% increase compared to fiscal Q1 2025, with diluted earnings per share (EPS) rising 33% year-over-year to $1.04. This EPS of $1.04 exceeded analyst estimates of $1.03. Key drivers included a 5% growth in loans and a 9% increase in revenue compared to the prior year's first quarter. The company also saw a 15% quarter-over-quarter increase in pre-provision net revenue (PPNR) to $37.0 million, surpassing estimates due to reduced expenses and improved spread and fee income.

2. Expanding Net Interest Margin. Lakeland Financial's net interest margin continued its upward trend, marking a consistent rise for the third consecutive quarter by increasing 2 basis points to 3.42% in fiscal Q1 2026. This expansion was supported by asset rotation and fixed loan repricing, signaling potential for further modest growth and contributing positively to the company's profitability outlook.

3. Stable Interest Rate Environment. The Federal Reserve maintained a stable interest rate target range of 3.5% to 3.75% in April 2026 and continued this stance in June 2026. While some forecasts anticipate a modest 12.5 basis points hike in the federal funds rate by the end of 2026, the prevailing view among economists is for rates to remain steady throughout 2026, with potential increases in 2027. This period of interest rate stability or slight upward movement generally benefits regional banks like Lakeland Financial by supporting net interest income.

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Stock Movement Drivers

Fundamental Drivers

The 5.2% change in LKFN stock from 3/31/2026 to 7/9/2026 was primarily driven by a 3.9% change in the company's Net Income Margin (%).
(LTM values as of)33120267092026Change
Stock Price ($)56.8859.855.2%
Change Contribution By: 
Total Revenues ($ Mil)2692752.2%
Net Income Margin (%)38.4%39.9%3.9%
P/E Multiple14.113.8-2.0%
Shares Outstanding (Mil)26251.1%
Cumulative Contribution5.2%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/9/2026
ReturnCorrelation
LKFN5.2% 
Market (SPY)15.6%4.1%
Sector (XLF)12.5%47.7%

Fundamental Drivers

The 6.7% change in LKFN stock from 12/31/2025 to 7/9/2026 was primarily driven by a 7.4% change in the company's Net Income Margin (%).
(LTM values as of)123120257092026Change
Stock Price ($)56.0859.856.7%
Change Contribution By: 
Total Revenues ($ Mil)2632754.6%
Net Income Margin (%)37.2%39.9%7.4%
P/E Multiple14.813.8-6.4%
Shares Outstanding (Mil)26251.4%
Cumulative Contribution6.7%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/9/2026
ReturnCorrelation
LKFN6.7% 
Market (SPY)10.5%16.7%
Sector (XLF)1.9%49.9%

Fundamental Drivers

The 0.7% change in LKFN stock from 6/30/2025 to 7/9/2026 was primarily driven by a 13.9% change in the company's Net Income Margin (%).
(LTM values as of)63020257092026Change
Stock Price ($)59.4359.850.7%
Change Contribution By: 
Total Revenues ($ Mil)2572756.8%
Net Income Margin (%)35.0%39.9%13.9%
P/E Multiple17.013.8-18.5%
Shares Outstanding (Mil)26251.5%
Cumulative Contribution0.7%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/9/2026
ReturnCorrelation
LKFN0.7% 
Market (SPY)22.7%24.0%
Sector (XLF)7.3%53.0%

Fundamental Drivers

The 36.0% change in LKFN stock from 6/30/2023 to 7/9/2026 was primarily driven by a 28.2% change in the company's P/E Multiple.
(LTM values as of)63020237092026Change
Stock Price ($)44.0259.8536.0%
Change Contribution By: 
Total Revenues ($ Mil)2512759.5%
Net Income Margin (%)41.6%39.9%-4.1%
P/E Multiple10.813.828.2%
Shares Outstanding (Mil)26250.9%
Cumulative Contribution36.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2023 to 7/9/2026
ReturnCorrelation
LKFN36.0% 
Market (SPY)75.6%38.1%
Sector (XLF)72.2%57.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
LKFN Return53%-7%-8%9%-14%5%28%
Peers Return22%-3%-2%20%5%20%74%
S&P 500 Return27%-19%24%23%16%9%99%

Monthly Win Rates [3]
LKFN Win Rate58%42%42%50%42%57% 
Peers Win Rate65%38%45%50%55%66% 
S&P 500 Win Rate75%42%67%75%67%43% 

Max Drawdowns [4]
LKFN Max Drawdown-26%-23%-43%-20%-26%-12% 
Peers Max Drawdown-23%-25%-38%-15%-23%-13% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: FRME, GABC, SRCE, HBNC, ONB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/9/2026 (YTD)

How Low Can It Go

EventLKFNS&P 500
2025 US Tariff Shock
  % Loss-23.1%-18.8%
  % Gain to Breakeven30.1%23.1%
  Time to Breakeven91 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-17.1%-9.5%
  % Gain to Breakeven20.6%10.5%
  Time to Breakeven55 days24 days
2023 SVB Regional Banking Crisis
  % Loss-37.8%-6.7%
  % Gain to Breakeven60.7%7.1%
  Time to Breakeven254 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-16.9%-24.5%
  % Gain to Breakeven20.3%32.4%
  Time to Breakeven15 days427 days
2020 COVID-19 Crash
  % Loss-30.5%-33.7%
  % Gain to Breakeven43.9%50.9%
  Time to Breakeven81 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-16.2%-19.2%
  % Gain to Breakeven19.4%23.8%
  Time to Breakeven45 days105 days

Compare to FRME, GABC, SRCE, HBNC, ONB

In The Past

Lakeland Financial's stock fell -23.1% during the 2025 US Tariff Shock. Such a loss loss requires a 30.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventLKFNS&P 500
2025 US Tariff Shock
  % Loss-23.1%-18.8%
  % Gain to Breakeven30.1%23.1%
  Time to Breakeven91 days79 days
2023 SVB Regional Banking Crisis
  % Loss-37.8%-6.7%
  % Gain to Breakeven60.7%7.1%
  Time to Breakeven254 days31 days
2020 COVID-19 Crash
  % Loss-30.5%-33.7%
  % Gain to Breakeven43.9%50.9%
  Time to Breakeven81 days140 days
2008-2009 Global Financial Crisis
  % Loss-35.9%-53.4%
  % Gain to Breakeven55.9%114.4%
  Time to Breakeven14 days1085 days

Compare to FRME, GABC, SRCE, HBNC, ONB

In The Past

Lakeland Financial's stock fell -23.1% during the 2025 US Tariff Shock. Such a loss loss requires a 30.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Lakeland Financial (LKFN)

Lakeland Financial Corporation (LKFN) operates as the bank holding company for Lake City Bank, providing a comprehensive range of traditional banking products and services. The company primarily serves businesses and individuals within its operating region, focusing on financial solutions tailored to their needs.

Its main products and services include a variety of deposit accounts such as noninterest-bearing, interest-bearing checking, savings, and money market options. On the lending side, LKFN offers commercial and industrial loans, commercial real estate and multi-family residential loans, agri-business and agricultural loans, and various consumer loans including 1-4 family mortgages. Beyond core banking, the company also provides credit card services, corporate treasury management, wealth advisory and trust services, and retail brokerage services that encompass financial and investment products like annuities and life insurance.

Lakeland Financial serves a diverse customer base across several industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare. Geographically, its operations are concentrated in northern and central Indiana, where it maintains 51 offices across fifteen counties.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Lakeland Financial (LKFN):

  • It's like a regional version of Wells Fargo or Bank of America, but focused entirely on northern and central Indiana.
  • Think of it as JPMorgan Chase on a regional scale, providing a complete range of financial services from personal banking to wealth management and business loans, all concentrated within Indiana.

AI Analysis | Feedback

  • Deposit Products: Various types of accounts for customers to save and manage their money, including checking, savings, money market, and demand deposits.
  • Loan Products: Financial assistance provided to individuals and businesses for diverse purposes, encompassing commercial, real estate, agricultural, mortgage, and other consumer loans.
  • Credit Card Services: Issuance of credit cards for both retail consumers and merchant businesses.
  • Corporate Treasury Management: Services designed to manage a company's cash flow, liquidity, and financial risks.
  • Wealth Advisory and Trust Services: Expert financial guidance and management of assets for individuals and families, including trust administration.
  • Retail Brokerage Services: Assistance with various financial and investment products, such as annuities and life insurance.
  • Digital Banking Services: Convenient online and mobile platforms for business banking and treasury management.

AI Analysis | Feedback

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Lakeland Financial (LKFN) operates as a bank holding company, and as such, its customer base is diverse rather than consisting of a few major named companies. It primarily serves a broad range of commercial businesses and individual consumers. Its major customer categories include:

  • Commercial Businesses: This category encompasses a wide array of businesses across various industries, including manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care. These customers utilize commercial and industrial loans, agri-business loans, corporate treasury management, and other business banking solutions.
  • Commercial Real Estate Developers and Investors: Lakeland Financial provides specific lending and services related to commercial real estate and multi-family residential properties, indicating this as a significant customer segment within its commercial offerings.
  • Individual Consumers and Households: This category includes individuals and families who rely on Lake City Bank for a variety of personal banking needs, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits, consumer 1-4 family mortgage loans, other consumer loans, retail and merchant credit card services, wealth advisory, trust services, and retail brokerage services.
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AI Analysis | Feedback

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AI Analysis | Feedback

Here is the management team for Lakeland Financial (LKFN):

David M. Findlay, Chairman and Chief Executive Officer

David M. Findlay serves as the Chairman and Chief Executive Officer of Lakeland Financial Corporation and Lake City Bank. He held the role of President and Chief Executive Officer from 2014 to 2023, President and Chief Financial Officer from 2010 to 2014, and Chief Financial Officer from 2000 to 2010. Prior to joining Lakeland Financial in September 2000, Mr. Findlay was the Chief Financial Officer of Quality Dining Inc., a publicly traded company. He also held various positions with The Northern Trust Company in Chicago, Illinois, where he began his career in banking.

Lisa O'Neill, Executive Vice President and Chief Financial Officer

Lisa O'Neill has been the Executive Vice President and Chief Financial Officer of Lakeland Financial Corporation and Lake City Bank since April 2014. Before this, she served as the Chief Financial Officer of Bank First National Corporation in Manitowoc, Wisconsin, from 2007 to 2014. From 1999 to 2006, Ms. O'Neill was the Controller of Private Bancorp, Inc. Her career began at Arthur Andersen in its financial institutions group audit practice, where she worked from 1989 to 1999.

Kristin L. Pruitt, President

Kristin L. Pruitt serves as the President of Lakeland Financial Corporation and Lake City Bank, a position she has held since 2023. She joined Lakeland Financial in 2008 as Senior Vice President and General Counsel, and was promoted to Executive Vice President and General Counsel in 2014, and Chief Administrative Officer in 2019. Prior to her time at Lake City Bank, Ms. Pruitt was Assistant General Counsel and Chief Compliance Officer for 1st Source Bank. She also practiced law with Skadden, Arps, Slate, Meagher & Flom in Washington, D.C., and with Baker and Daniels in South Bend, Indiana.

Eric Ottinger, Executive Vice President and Chief Commercial Banking Officer

Eric Ottinger has been the Executive Vice President and Chief Commercial Banking Officer of Lakeland Financial since August 2011. He started at Lake City Bank in April 1999 as Vice President, Commercial Loan Officer. He was promoted to Commercial East Regional Manager in April 2002 and later became head of the Wealth Advisory Group in April 2009. Before joining Lake City Bank, Mr. Ottinger was a commercial lending officer at another bank from 1993 to 1999.

Kevin L. Deardorff, Executive Vice President & Chief Credit Officer

While a direct executive profile for a Kevin L. Deardorff as EVP & Chief Credit Officer at Lakeland Financial was not explicitly found in the most recent searches, previous information indicates the presence of a Chief Credit Officer within the management structure, and he is listed as a Senior VP in one of the search results with a salary. Further specific background details for this exact individual at Lakeland Financial in the requested format were not readily available in the provided search snippets.

AI Analysis | Feedback

Here are the key risks to Lakeland Financial (LKFN):

  1. Interest Rate Risk: Lakeland Financial is exposed to significant interest rate risk, which is identified as the primary market risk. Fluctuations in interest rates can directly impact the company's net interest income and loan yields, with anticipated monetary policy easing potentially exerting downward pressure on loan yields.
  2. Credit Risk and Regional Economic Downturns: The company has a notable concentration in commercial and commercial real estate loans, as well as agri-business loans, which inherently carry higher credit risk. Adverse economic conditions, particularly in the regional markets of Indiana where Lakeland Financial primarily operates, could lead to a decrease in borrowers' ability to repay loans, resulting in higher provisions for credit losses.
  3. Cybersecurity and Fraud Risk: Lakeland Financial faces ongoing threats from cybersecurity incidents and fraud. A concrete example of this risk materializing was an international wire fraud incident in 2023 that resulted in a loss of over $18 million, although no client information was compromised. The company emphasizes the importance of information security and cybersecurity in its operations.

AI Analysis | Feedback

The clear emerging threats for Lakeland Financial include:

  1. Digital-first banks and financial technology (fintech) companies: These entities, often operating entirely online or through mobile apps, offer banking services such as deposits, loans, and payment solutions. They leverage lower overheads, potentially offering more competitive rates and user-friendly digital experiences. This directly challenges traditional banks like Lakeland Financial, which relies on a physical branch network, by attracting customers who prioritize convenience, digital access, and competitive pricing regardless of geographic location.
  2. Major technology companies (Big Tech) expanding into financial services: Companies like Apple, Amazon, and Google are increasingly leveraging their vast customer bases, extensive data, and robust digital ecosystems to offer financial products such as credit cards, payment processing, and lending services. This poses a threat by disintermediating traditional banks in certain transactions and relationships, particularly for consumers and small businesses already integrated into these tech platforms.

AI Analysis | Feedback

Here are the addressable market sizes for Lakeland Financial's main products and services in Indiana, U.S.:

  • Deposit products (noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits): The total deposits in Indiana were $209 billion in 2024.
  • Consumer 1-4 family mortgage loans: The market for new home loans booked in Indiana was $17.2 billion in 2024.
  • Small Business Loans: The market for small business loans in Indiana was $12.3 billion in 2024.
  • Commercial and industrial loans: null
  • Commercial real estate and multi-family residential loans: null
  • Agri-business and agricultural loans: null
  • Other consumer loans: null
  • Retail and merchant credit card services: null
  • Corporate treasury management, wealth advisory, and trust services: null
  • Retail brokerage services: null

AI Analysis | Feedback

Lakeland Financial Corporation (LKFN) is expected to drive future revenue growth over the next two to three years through several key strategies:

  1. Organic Loan and Deposit Growth within Indiana: Lakeland Financial consistently emphasizes expanding its loan and deposit portfolios organically within its established Indiana market. The company aims for growth in high-growth counties and specifically targets the Indianapolis market to increase its customer base and overall balance sheet. For instance, the company reported average loan growth of 4% in Q2 2025 and 3% in Q3 2025, with core deposits increasing by 2% in Q3 2025 and 5% in Q4 2024.
  2. Expansion of Fee-Based Services: The company is focused on increasing revenue from its fee-based lines of business, particularly Wealth Advisory and Treasury Management services. In 2024, Wealth Advisory fees grew by 15% and treasury management fees grew by 5%, with management emphasizing continued growth in these areas into 2025.
  3. Strategic Investment in Technology and Digital Offerings: Lakeland Financial is investing in technology to deliver robust, technology-driven products and services. A notable initiative is the $12 million investment in an Innovation and Technology Center, expected to be completed by summer 2026. This center will foster collaboration among technology teams to enhance digital banking platforms and customer-centric solutions, thereby supporting future growth.
  4. Net Interest Margin Management: Effective management of the net interest margin (NIM) is crucial for a bank's net interest income, a primary component of revenue. Lakeland Financial has demonstrated efforts to manage its balance sheet to improve NIM, reporting a 9-basis point expansion in Q4 2024 and healthy expansion in Q3 2025. This ongoing focus on optimizing NIM is a significant driver of overall profitability and revenue.

AI Analysis | Feedback

Share Repurchases

  • Lakeland Financial's board of directors doubled its share repurchase authorization from $30 million to $60 million on March 5, 2026.
  • The amended share repurchase program is authorized to continue until April 30, 2027.
  • As of March 5, 2026, approximately $34 million of the repurchase authority remained available under the program.

Share Issuance

  • As of February 19, 2026, the total shares outstanding for Lakeland Financial were 25,266,503.
  • Executive officers received "payout shares" for performance periods; for example, David M. Findlay received 18,880 shares for the 2021-2023 performance period and 11,560 shares for the 2022-2024 period.

Capital Expenditures

  • Lakeland Financial's organic growth model includes an expansion strategy focused on deepening market penetration and expanding its branch network, particularly in the Indianapolis market.
  • This expansion strategy is exemplified by the opening of its 55th branch in Westfield, Indiana.
  • The company maintains a constant investment in technology and facilities.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

LKFNFRMEGABCSRCEHBNCONBMedian
NameLakeland.First Me.German A.1st Sour.Horizon .Old Nati. 
Mkt Price59.8542.5446.7281.1519.4826.1744.63
Mkt Cap1.52.61.82.01.010.11.9
Rev LTM275660376443-272,738409
Op Inc LTM-------
FCF LTM10728115320281728178
FCF 3Y Avg10326011819651619157
CFO LTM12128115821085779184
CFO 3Y Avg11326012320657658164

Growth & Margins

LKFNFRMEGABCSRCEHBNCONBMedian
NameLakeland.First Me.German A.1st Sour.Horizon .Old Nati. 
Rev Chg LTM6.8%4.2%59.7%11.5%-113.4%41.6%9.2%
Rev Chg 3Y Avg3.2%-0.4%16.6%6.8%-41.5%14.7%5.0%
Rev Chg Q9.3%-2.0%18.0%8.7%6.2%44.3%9.0%
QoQ Delta Rev Chg LTM2.2%-0.5%4.1%2.1%13.4%8.5%3.1%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM43.9%42.5%42.1%47.5%-28.5%42.5%
CFO/Rev 3Y Avg43.6%40.4%43.0%51.1%-30.7%43.0%
FCF/Rev LTM38.8%42.5%40.8%45.6%-26.6%40.8%
FCF/Rev 3Y Avg40.0%40.4%41.1%48.7%-28.9%40.4%

Valuation

LKFNFRMEGABCSRCEHBNCONBMedian
NameLakeland.First Me.German A.1st Sour.Horizon .Old Nati. 
Mkt Cap1.52.61.82.01.010.11.9
P/S5.53.94.74.4-3.74.4
P/Op Inc-------
P/EBIT-------
P/E13.813.013.012.3-6.713.313.0
P/CFO12.69.211.19.411.713.011.4
Total Yield10.6%11.0%10.2%10.2%-11.8%7.5%10.2%
Dividend Yield3.4%3.3%2.5%2.0%3.1%0.0%2.8%
FCF Yield 3Y Avg6.6%11.5%9.0%13.4%7.4%9.3%9.2%
D/E0.00.50.10.10.30.70.2
Net D/E-0.30.3-0.6-0.5-0.50.5-0.4

Returns

LKFNFRMEGABCSRCEHBNCONBMedian
NameLakeland.First Me.German A.1st Sour.Horizon .Old Nati. 
1M Rtn-0.9%4.7%4.0%5.8%2.4%7.8%4.3%
3M Rtn-1.3%3.5%5.9%9.7%11.5%11.4%7.8%
6M Rtn5.8%12.0%16.7%26.9%15.7%13.4%14.6%
12M Rtn-4.5%7.2%17.6%28.0%26.5%15.6%16.6%
3Y Rtn38.0%68.7%90.5%106.7%116.3%98.9%94.7%
1M Excs Rtn-1.6%4.4%3.4%5.0%2.0%8.1%3.9%
3M Excs Rtn-10.7%-6.1%-4.0%0.3%1.9%2.0%-1.9%
6M Excs Rtn-2.9%4.4%10.6%20.6%8.9%5.4%7.2%
12M Excs Rtn-25.9%-13.0%-3.7%6.8%4.6%-4.1%-3.9%
3Y Excs Rtn-34.8%-2.6%17.0%34.4%41.1%33.1%25.0%

Comparison Analyses

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FDIC Bank Data

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment269254247245223
Total269254247245223


Price Behavior

Price Behavior
Market Price$59.85 
Market Cap ($ Bil)1.5 
First Trading Date08/14/1997 
Distance from 52W High-10.7% 
   50 Days200 Days
DMA Price$60.48$59.04
DMA Trendindeterminateup
Distance from DMA-1.0%1.4%
 3M1YR
Volatility25.5%25.8%
Downside Capture40.4662.88
Upside Capture19.3242.91
Correlation (SPY)-3.1%23.5%
LKFN Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta-0.49-0.250.080.300.490.75
Up Beta-1.25-0.680.020.300.530.74
Down Beta-0.26-0.25-0.480.020.460.70
Up Capture-27%-3%35%38%34%50%
Bmk +ve Days11244067140429
Stock +ve Days13243969126364
Down Capture-47%-21%18%39%61%93%
Bmk -ve Days10172358112321
Stock -ve Days8172456126386

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LKFN
LKFN-4.7%25.7%-0.22-
Sector ETF (XLF)7.7%14.8%0.2953.2%
Equity (SPY)22.3%12.5%1.3323.9%
Gold (GLD)24.4%27.8%0.771.7%
Commodities (DBC)23.6%18.7%1.00-21.2%
Real Estate (VNQ)13.2%13.9%0.6542.3%
Bitcoin (BTCUSD)-42.8%42.8%-1.1814.5%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LKFN
LKFN2.3%30.2%0.10-
Sector ETF (XLF)10.5%18.6%0.4354.4%
Equity (SPY)13.4%17.1%0.6136.4%
Gold (GLD)18.0%18.3%0.80-0.0%
Commodities (DBC)7.5%19.5%0.285.5%
Real Estate (VNQ)2.9%18.9%0.0641.4%
Bitcoin (BTCUSD)12.3%53.5%0.4216.1%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LKFN
LKFN9.9%31.2%0.37-
Sector ETF (XLF)14.1%22.1%0.5863.5%
Equity (SPY)15.8%17.9%0.7547.2%
Gold (GLD)11.7%16.1%0.59-4.0%
Commodities (DBC)6.1%18.0%0.2713.7%
Real Estate (VNQ)5.2%20.7%0.2243.7%
Bitcoin (BTCUSD)58.0%66.2%0.9812.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity2.0 Mil
Short Interest: % Change Since 53120263.4%
Average Daily Volume0.2 Mil
Days-to-Cover Short Interest10.8 days
Basic Shares Quantity25.3 Mil
Short % of Basic Shares7.8%

Earnings Returns History

Updated 6/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/27/20263.1%2.8%1.7%
1/26/20264.2%1.3%-1.4%
10/27/2025-5.1%-7.8%-6.0%
7/25/20253.5%-0.6%6.0%
4/25/2025-1.1%4.0%8.4%
1/24/20253.6%2.0%-1.8%
10/25/2024-2.9%0.5%16.4%
7/25/20242.2%-1.0%-9.4%
...
SUMMARY STATS   
# Positive141213
# Negative101211
Median Positive3.5%3.9%8.4%
Median Negative-1.5%-3.4%-5.3%
Max Positive9.2%17.4%18.3%
Max Negative-6.4%-11.2%-10.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/27/20263.1%2.8%1.7%
1/26/20264.2%1.3%-1.4%
10/27/2025-5.1%-7.8%-6.0%
7/25/20253.5%-0.6%6.0%
4/25/2025-1.1%4.0%8.4%
1/24/20253.6%2.0%-1.8%
10/25/2024-2.9%0.5%16.4%
7/25/20242.2%-1.0%-9.4%
4/25/2024-4.0%-3.2%-4.0%
1/25/20249.2%5.7%0.5%
10/25/20234.0%5.0%17.9%
7/21/2023-0.8%0.6%2.3%
4/25/2023-2.0%-11.2%-9.4%
1/25/2023-6.4%-3.6%-2.3%
10/25/20223.5%7.9%1.7%
7/25/20224.7%10.5%11.2%
4/25/20220.7%-4.7%-6.3%
1/25/2022-1.1%-1.6%-2.6%
10/25/20211.0%-8.0%-5.3%
7/26/20213.4%17.4%18.3%
4/26/2021-1.0%-5.7%-10.5%
1/25/2021-0.0%-2.1%14.2%
10/26/20203.8%3.9%9.4%
7/27/20200.6%-2.7%3.9%
SUMMARY STATS   
# Positive141213
# Negative101211
Median Positive3.5%3.9%8.4%
Median Negative-1.5%-3.4%-5.3%
Max Positive9.2%17.4%18.3%
Max Negative-6.4%-11.2%-10.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202604/29/202610-Q
12/31/202502/25/202610-K
09/30/202510/29/202510-Q
06/30/202508/06/202510-Q
03/31/202504/30/202510-Q
12/31/202402/19/202510-K
09/30/202410/30/202410-Q
06/30/202408/07/202410-Q
03/31/202405/01/202410-Q
12/31/202302/21/202410-K
09/30/202311/01/202310-Q
06/30/202308/02/202310-Q
03/31/202304/26/202310-Q
12/31/202202/22/202310-K
09/30/202210/26/202210-Q
06/30/202208/03/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202604/29/202610-Q
12/31/202502/25/202610-K
09/30/202510/29/202510-Q
06/30/202508/06/202510-Q
03/31/202504/30/202510-Q
12/31/202402/19/202510-K
09/30/202410/30/202410-Q
06/30/202408/07/202410-Q
03/31/202405/01/202410-Q
12/31/202302/21/202410-K
09/30/202311/01/202310-Q
06/30/202308/02/202310-Q
03/31/202304/26/202310-Q
12/31/202202/22/202310-K
09/30/202210/26/202210-Q
06/30/202208/03/202210-Q
03/31/202204/27/202210-Q
12/31/202102/23/202210-K
09/30/202110/27/202110-Q
06/30/202108/04/202110-Q
03/31/202104/30/202110-Q
12/31/202002/23/202110-K
09/30/202010/28/202010-Q
06/30/202008/05/202010-Q
03/31/202004/30/202010-Q
12/31/201902/24/202010-K
09/30/201911/01/201910-Q
06/30/201908/09/201910-Q

Recent Forward Guidance

Updated 7/8/2026

Latest: Q1 2026 Earnings Reported 4/27/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Investment Securities Cash Flows 88.20 Mil -34.4% LoweredGuidance: 134.50 Mil for 2026

Prior: Q4 2025 Earnings Reported 1/26/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Investment Securities Cash Flows 134.50 Mil 294.4% Higher NewGuidance: 34.10 Mil for 2025

Q3 2025 Earnings Reported 10/27/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2025 Investment Securities Cash Flows 34.10 Mil -37.4% LoweredGuidance: 54.50 Mil for 2025

Insider Activity

Updated 7/10/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Toothaker, Bradley J DirectSell601202660.625,900357,654865,522Form
2Ross, Steven D DirectSell506202662.501,28180,0621,687,562Form
3Ross, Steven D DirectSell506202662.50191,1881,767,625Form
4Ottinger, Eric HExecutive Vice PresidentDirectSell501202661.492,136131,3432,044,973Form
5Welch, M Scott SpouseBuy312202656.2310,000562,31411,921,394Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Toothaker, Bradley J DirectSell601202660.625,900357,654865,522Form
2Ross, Steven D DirectSell506202662.501,28180,0621,687,562Form
3Ross, Steven D DirectSell506202662.50191,1881,767,625Form
4Ottinger, Eric HExecutive Vice PresidentDirectSell501202661.492,136131,3432,044,973Form
5Welch, M Scott SpouseBuy312202656.2310,000562,31411,921,394Form
6Welch, M Scott LLPBuy309202655.455,000277,2502,994,300Form
7Welch, M Scott LLPBuy227202657.9510,000579,5002,839,550Form
8Toothaker, Bradley J DirectSell224202658.365,685331,7931,177,645Form
9Leniski, Stephanie RExecutive Vice PresidentDirectSell204202662.761,665104,487524,318Form
10Findlay, David MCEODirectSell204202663.023,000189,0577,178,998Form
11Lahrman, Brok ASVP, Chief Accounting OfficerDirectSell204202660.7627516,709212,903Form
12O'Neill, Lisa MEVP & CFODirectSell204202660.742,900176,1462,069,169Form
13Bartels, Robert E JR DirectBuy908202567.7729620,0592,014,451Form
14Ottinger, Eric HExecutive Vice PresidentDirectSell826202567.074,635310,8512,165,028Form
15Clark, Kyra ESenior Vice PresidentDirectSell731202567.0030020,100644,138Form
16O'Neill, Lisa MEVP & CFODirectSell729202566.722,500166,7892,292,748Form
Core Cache Last Updated: 7/9/2026